MPs raise concerns over Asda’s link to app offering high-interest loans to staff Retailer’s owner has stake in Wagestream, which offers workers loans of up to £25,000
Paramount Skydance reportedly preparing takeover bid for Warner Bros Discovery Media conglomerate putting together majority cash offer for WBD backed by ultra-rich Ellison family, reports say
UK must heed Sir John Bell’s big pharma investment warning Instead of making silly statements the government needs to look at why Merck has scrapped its £1bn research centre
US economic picture weakens as jobless claims and inflation both rise – as it happened Economists say trade war is driving up prices, as US inflation picks up in August
‘Cold decisions’: will heir to Murdoch’s empire keep newspapers at its heart? Eldest son Lachlan must decide future of business that spans Fox News, Wall Street Journal, Sun and Times
US inflation rises in August as firms pass Trump tariffs cost on to consumers New CPI update shows prices increased 2.9% over the last year, but Wall Street optimistic Fed will cut interest rates
Green energy entrepreneur calls on UK to subsidise North Sea oil and gas firms Dale Vince urges ministers to ‘optimise’ resources in fossil fuel basin to help smooth transition to renewables
A banya with a billionaire, an undeclared loan and ‘pure poison’: the many scandals of Peter Mandelson Despite his value to Starmer, the New Labour veteran has been forced into an extraordinary third resignation
Big pharma will stop investing in UK, top scientist warns after Merck’s £1bn exit Comments by former professor of medicine at Oxford follow scrapping of planned London research centre
Sotheby’s losses more than double to $248m as art market slumps Sotheby’s also takes hit from hefty severance costs, despite its headcount only dropping by 24 employees
Let France be a warning, Rachel Reeves: stand up to the bond market vigilantes, or they’ll come for Britain next Labour can stick with ‘you can’t buck the markets’ – or challenge the economic orthodoxy that has served narrow class interests for 50 years, says Guardian columnist Larry Elliott
Trump blames ‘radical left’ for Charlie Kirk shooting, but does not mention attacks on Democrats as search for suspect continues – as it happened In Oval Office address, Trump vows retribution, but neglects to mention murder of Melissa Hortman, attack on Paul Pelosi and threats to Mike Pence
Losses at John Lewis and Waitrose owner almost triple to £88m Partnership blames restructuring costs plus tax rises and new packaging rules but expects full-year profit to grow
Pre-budget howls from big business beasts go deeper than the usual tax grumbles Top executives say ministers don’t ‘get’ business, they aren’t listening and key decisions are fluffed or take too long
Larry Ellison briefly overtakes Elon Musk as world’s richest person Oracle co-founder’s shares rose by 40% in early trading, briefly valuing his fortune at $393bn, just ahead of Musk’s $384bn